date:Jan 22, 2019
ow serve customers across Europe. The launch of the new Luxembourg-licensed entity, called Alipay (Europe) Limited S.A., was officially announced by Pierre Gramegna, the Minister of Finance in Luxembourg, in Hong Kong. The e-money institution license allows the company to offer its financial services across the European Union. With the new PSD2 license, Alipay can serve customers across Europe, but also connect users from China with online and offline retailers that are located in EU countries.